Dr. Gilfillan offered some early evidence that other pilot programs like bundled payments and patient-centered medical homes may be helping to lower healthcare costs. In the final quarter of last year, hospital readmissions for Medicare beneficiaries decreased to slightly below the threshold of 18.5 percent to 19.5 percent, which is where the readmission rate had sat for the past five years, according to the report.
Dr. Gilfillan also said there is data suggesting CMMI’s medical home program in Vermont is slowing the growth of healthcare costs, according to the report.
More Articles on CMMI:
CMS’ Innovation Center is Funding Staff Perks, Sen. Hatch Claims
CMS to Host Conference Call on State Innovation Models Initiative
HHS Awards Nearly $300M to Support States’ Innovative Care Models
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.